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Moving from Descriptive to Prescriptive Analytics

Moving from Descriptive to Prescriptive Analytics

In its 2018 study, From Bottom Line to Front Line, Accenture identified a growing trend among CFOs and other senior finance leaders. The study, which interviewed nearly 750 key finance leaders, determined that some 53% of CFOs believe that their teams are not keeping up with today’s increasing needs to gather, analyze, and interpret data….

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Security in CHSI Connections: How Secure is Your Insurance Management Software?

In the quest to stay competitive, many small and mid-size insurance organizations are improving their processes by moving to cloud applications and agile databases. These organizations have learned that manual entries and spreadsheets are prone to human error. In addition, older systems limit user access and make collaboration difficult. These issues can be resolved with…

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What is Omnichannel

What Is Omnichannel and How Does it Affect Insurers?

The omnichannel trend is affecting every industry. The term is often used to refer to omnichannel marketing, which places the customer at the center of a multi-pathway communications network. In omnichannel marketing, companies create an integrated experience with touchpoints selected to serve a particular purpose. The result is a personalized customer relationship with a consistent…

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Is the Captive Industry Ready to Compete Tomorrow?

Capital preservation, one of the main financial objectives of captives, is also a critical element to a captive’s success.  Along with conservative investments, captives must be able to manage costs in a both a hard and soft market. Consider that between 2014 and 2018, captives added $3.1 billion to their year-end surplus and paid $1.6…

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Ways to Avoid Ransomware Attacks for Self-Insured Municipalities

In today’s insurance marketplace, the benefits of technology cannot be overstated; however, the dark side of technology—namely ransomware attacks—is now infiltrating self-insured municipalities. Ransomware attacks occur when criminals find a way into the organization, encrypt as much data as possible, and then extort money from you to get your own data back.  If the ransom…

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Customer-Relationship-Building-With-CRM

4 Tips for Joint Power Authority Success in CRM

Some traditional insurers tend to think about customer relationship management (CRM) technology as a tool only for finding/sharing customer information, but in the bigger picture, it’s used for extended outreach, partnership management, and cross-functional efficiencies that lend themselves to improved customer outreach, cross-selling, faster response times, improved customer retention and more. Because of their complex…

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View from the Captive Cockpit Needs A Technology Parachute

In a recent IRMI Captive.com blog post (“A View from the Cockpit: Systems and Controls of Good Captive Managers”) the team at Atlas Insurance Management Limited compared the successful management of a captive insurance company to flying a plane. “It’s a whole lot less intimidating once one understands the controls and systems that need to…

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Best Tech Startup NV

CHSI Technologies Named Among 2019 Best Tech Startups in Nevada

We like where we work, and luckily, we’ve been recognized by the experts for the expert work we do—both in Henderson and in the greater state of Nevada. With that as background, allow us some shameless self-promotion: CHSI Technologies has been named by the Tech Tribune among the best 2019 Tech Startups in Nevada as…

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Insurance-Claims-Streamlined

Friedlander Group Chooses CHSI Connections® for Claims Management

The company will use Connections’ modular suite of cloud-based core systems software to provide value via claims processing efficiencies. Henderson, NV—January 18, 2019 – CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce that Friedlander Group Inc., the manager of pooled risk safety groups and the leader in workers’ compensation for…

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should your public entity participate in a risk sharing pool

CHSI Technologies Launches New CHSI Connections® Captive Manager Software

The newest module of CHSI Connections® cloud-based core systems software is designed to meet the unique requirements of efficient and effective captive management. Henderson, NV—January 18, 2019 – CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce the release of CHSI Connections® Captive Manager, software that is designed to enable captive…

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